Q3 FY26 results: small profit, but negative net worth, liabilities exceed assets

Going ConcernEmphasis Of MatterPat NegativeResults View source PDF Explain this filing

GLFL · price

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Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹5.20

prior close

₹4.94

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-3.7% vs market

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-5.0-1.3-3.7

Next day

-9.0-4.0-5.1

-13.5-4.8-8.7

-9.2-3.3-6.0

-13.3-5.3-7.9

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15d

+1.0+3.6-2.6

+41.3+0.1+41.2

-15.6-8.9-6.7

+10.2+3.2+7.0

UpDownMarket · Nifty Microcap 250Pending

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AI summary

GLFL reported Q3 profit of Rs. 2.78 lakhs on total income of Rs. 10.65 lakhs, while 9M FY26 showed a loss of Rs. 0.96 lakhs. Revenue from operations is zero. The auditor flagged that accumulated losses exceed net worth and total liabilities exceed total assets. The company has no business plan and no near-term business activity, so financials are prepared on a non-going concern basis. A 2004 court-approved settlement with a bank consortium is still pending deed of assignment.

Likely market impact

Company is effectively dormant with negative net worth and going concern issues. No operational revival plan. Highly risky for shareholders.